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    Aeon Metals (ASX:AML) resource update

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    Aeon Metals (ASX:AML) has made an announcement about a key resource.

    Following the announcement shares of Aeon Metals rose 6.666% to $0.032.

    Aeon Metals is pleased to announce further 2022 drilling result from its Walford Creek Copper-Cobalt Project (Walford Creek Project) in north-west Queensland.

    Twenty one (21) exploration holes have been completed for over 8,200 metres drilling, with results now reported for nine holes. A total of 19,000 metres is planned for the 2022 season.

    When a mining company releases an update about a key resource it?s exciting times for shareholders.

    A lot of capital goes into exploration and when a new deposit is found there?s usually a share price boost.

    Discovery is the reward stage for investors, particularly of junior mining stocks, searching for undiscovered deposits of natural resources.

    When discussing new resource discoveries it?s beneficial to know the difference between greenfield and brown exploration.

    Greenfield exploration is looking for mineral deposits in areas that have not been explored.

    In brownfield exploration deposits are being sought near or next to an already existing mine.

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